short-term rental fines News

Airbnb, New York City Settle Rental Law Lawsuit

Airbnb Inc. and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb filed the suit in October …

New York to Hold Off Enforcing Airbnb Sublet Restrictions

The city and state of New York said Monday they would hold off enforcing a new law restricting short-term apartment sublets against Airbnb Inc. until the company’s lawsuit over the issue is resolved. That was a reversal from earlier indications …

Airbnb’s New York Fight Moves From Legislature to Courtroom

Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S. Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, …